The US index of leading indicators continued to decline in December, confirming the feeling that the US economy is currently experiencing a moment of weakness.

This barometer of economic activity - published by the Conference Board, an organization close to employers - fell by 0.1% to 103.1 last month.

November's decline was maintained at 0.5%.

On average, economists were forecasting a more pronounced fall of around 0.3% for December

According to Conference Board economist Justyna Zabinska-La Monica, these figures continue to raise the risk of another US recession.

We expect GDP growth to turn negative in the second and third quarters of 2024, before picking up again at the end of the year", she predicts.

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